HSBC announced on Wednesday (Mar 27) the launch of a US$1 billion Asean growth fund for businesses looking to expand regionally, ...
HSBC reimburses $10K to woman after she reports unauthorised limit change and fund transfer
She made at least six follow-up calls to the bank and claimed that HSBC admitted to its error in handling her call ...
Crypto Miner Bitdeer Seeks $100M Financing from Private Credit Firms
Bitdeer Technologies is in discussions with private credit firms to secure $100m in financing to expand its Bitcoin mining capacity.
Prices for Good Class Bungalows and luxury apartments in Singapore are holding steady amid sales volume decline
SINGAPORE: Prices for Good Class Bungalows and luxury apartments in Singapore are holding steady, although there’s been a dip in transaction volumes lately, according to the latest report from ...
Singapore made Israeli embassy remove ‘inappropriate’ Palestine social media post
Singapore’s interior ministry said that it had forced the country’s Israeli embassy to delete a Facebook post on Sunday, which it deemed as ‘insensitive,’ about the lack of mention of “Palestine” in ...
Singapore’s factory output extends growth in February with 3.8% rise, beating estimates of 0.5%
SINGAPORE’S factory output grew 3.8 per cent on year in February, extending gains from January’s revised figure of 0.6 per cent ...
E-Commerce Giant Alibaba Halts Logistics Unit IPO As Valuation Slides
Alibaba Group is further retreating from a corporate overhaul announced a year ago by calling off an initial public offering for logistics unit Cainiao.
SBI, BOB, HDFC, ICICI Bank shares: Investors in Singapore, Hong Kong find PSB stocks interesting, say this on private lenders
Institutional investors, Nomura India said, largely believe that the worst may be behind for HDFC Bank share price. Most investors are also comfortable with a potential low-teens loan growth outlook o ...
Yen stabilises after finance minister comments, dollar dips
The yen found some stability on Tuesday, just shy of its weakest level in 34 years, as verbal intervention by Japanese officials continued, while the dollar was on the back foot. The euro was last up ...
Six presumed dead after crippled Singapore-flagged cargo ship knocks down Baltimore bridge
Officials have announced an investigation into the incident of the Singapore-flagged vessel, in the country's worst bridge collapse in decades.
HSBC setting up $1 billion growth fund to scale up digital platform businesses in Southeast Asia
HSBC on Wednesday said it is setting up a $1 billion growth fund called ASEAN Growth Fund that provides lending to companies that are scaling up via digital platforms across Southeast Asia. The London ...
Singapore’s money laundering accused slapped with 6 new fraud, forgery charges
The other five charges ranged from allegedly possessing S$2.4 million in criminal benefits generated from unlicensed moneylending operations in China, to submitting a forged bank statement to Citibank ...
S$3bil money laundering accused gets 6 new charges for submitting forged statements to Swiss bank
SINGAPORE: Vang Shuiming, one of the 10 accused in Singapore’s largest money laundering case, was handed six more charges on Wednesday (March 27).
Singapore Prime Office Rents Jump to Highest Since 2008
Office rents in Singapore reached a 15-year high in the first quarter, defying the commercial property slump plaguing other major financial hubs.
Singapore’s anti-scam efforts are a model for tackling ‘epidemic’ of transnational organised crime: Interpol chief
IN THE current “epidemic” of transnational organised crime, Singapore’s anti-scam efforts can serve as a model for other countries to emulate, ...
Singapore shares climb at Wednesday’s open amid factory output growth; STI up 0.5%
SINGAPORE stocks advanced at the opening bell on Wednesday (Mar 27) morning, following higher-than-expected growth in the city-state’s February factory output.